Category Archive

Business Acquisition

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Liabilities That May Lurk in Poorly Drawn Asset Purchase Contracts

Name: Law Offices of Donald W. Hudspeth P.C.
Address: 3200 North Central AvenueSuite 2500, Phoenix, AZ, 85012
Telephone: (602) 265-7997
Price range: Call for Consultation

By Donald W. Hudspeth | Published September 24, 2025 | Posted in Business Acquisition | Tagged Tags: asset, business acquisition, liability | Leave a comment

In business mergers and acquisitions, particularly in the context of asset purchases, the general legal rule is that the buyer does not assume the seller’s existing liabilities. This principle is fundamental to asset sales, distinguishing them from mergers or stock purchases, where the buyer typically steps into the shoes of the seller, including all liabilities. Read More

The Essentials of Due Diligence in the Purchase of a Business

By Donald W. Hudspeth | Published March 5, 2025 | Posted in Business Acquisition, Business Law | Tagged Tags: Due Diligence, Mergers, Regulatory Compliance | Leave a comment

Due diligence is a fundamental stage in the acquisition of a business. Due diligence provides the buyer with an opportunity to thoroughly assess the target business’s financial health, legal health, operational structure and actual and potential liabilities before finalizing the transaction. While due diligence is a widely recognized term, its specifics should be detailed as Read More

Keeping Your Company’s Buy-Sell Agreement Up to Date

By Donald W. Hudspeth | Published January 1, 2025 | Posted in Business Acquisition, Business Formation, Business Law, Contract Disputes, Corporate Counsel, Shareholder Rights | Tagged Tags: business lawyer, buy-sell, Tax Implications, tax regulations | Leave a comment

A buy-sell agreement is vital for any closely held business, serving as the governing document for major transitions. However, an outdated agreement may fail to reflect current business conditions, evolving legal requirements or the changing wishes of the owners, leaving the company vulnerable to disputes and losses. That is why it is so important to Read More

Choosing the Right Method of Valuation for a Business Acquisition

By Donald W. Hudspeth | Published October 16, 2024 | Posted in Business Acquisition | Tagged Tags: cash flow, Income, Market | Leave a comment

Accurate valuation is a vital part of acquisition of a business. Buyers need to know they are paying a fair price based on true worth. This means gaining a full understanding of the target company’s value at present so that its potential for growth can be predicted. Several valuation methods are available, each suited to Read More

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Donald W. Hudspeth

Principal Attorney

Attorney Donald W. Hudspeth has more than twenty years’ experience practicing corporate and business law. Before attending law school, Mr. Hudspeth held a stock brokers license at the age of 21 and owned his own business at the age of 23. He was a business law professor at Arizona State University, West Campus, and has conducted classes and seminars for a number of higher institutions and organizations. Mr. Hudspeth has published two books on law and is the founder of the radio programs Law on the Edge and Law Talk.

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AWARDS

Our firm now offers a scholarship program for ASU first and second year law students.

The scholarship is awarded to students for academic merit with an interest in business and business law. Candidates may have majored in fields other than business, have taken a break between college and law school, or have had exceptional life experiences.

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"I would recommend Mr. Hudspeth unequivocally. Not only is he an outstanding business attorney, he also provided me with access to a divorce attorney. Thanks to his skill, and resources available outside the Phoenix law family, I was successful in challenging a “family law” mediation that was particularly and grossly unfair." - Chandler, Arizona Private Individual
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